capital · May 20, 2026
Dhruva Space receives ₹105 crore from India’s RDI Fund for Project Garud
Share the canonical public link.
Rahul Mathur posted on 18 May 2026 that Dhruva Space is the first startup to receive support from India’s ₹1 lakh crore RDI Fund. On 13th May, RDIF announced a ₹105 crore allocation to Dhruva for “Project Garud”. Project Garud is an audacious attempt to create India’s first mass production platform for 500 kg satellites. The 4 co-founders of Dhruva Space have spent the last 14 years building this company. It took them 6 yrs to raise their first external funding and 10 yrs to launch their first satellites on ISRO’s PSLV.
Below validation threshold — auto-passed without scoring